Will provide small to medium commercial and industrial customers with distributed energy resource capabilities
August 2, 2016
Enbala Power Networks and NorthWrite Inc. have announced a new partnership through which the Symphony by Enbala distributed energy resource (DER) management platform will integrate with NorthWrite’s Agile Volt building management system.
Baltimore Aircoil Co. has announced a price increase of 3 percent on open cooling towers, 4 percent on all coil products, and up to 4 percent on parts manufactured in North America, effective immediately.
IKEA announced it is furthering its renewable energy commitment with plans for biogas-powered fuel cell systems at four more of its California stores. A year ago, IKEA completed installation of such a project at IKEA Emeryville, one of the company’s two San Francisco-area stores.
Market is projected to expand at an even faster pace in terms of volume
August 1, 2016
The global market for air conditioning systems was pegged at a value of $104.4 billion in 2015 and is projected to rise to $167 billion by the end of 2024, expanding at a 5.1 percent compound annual growth rate (CAGR) from 2016 to 2024, according to a report from Transparency Market Research.
Will offer an independent alternative solution to the large tonnage market
July 29, 2016
US Chiller Services, provider of repair, maintenance, retrofit, and servicing of large tonnage chillers, has entered into a joint venture with New York-based HVAC specialist, The BP Group, to offer a full range of HVAC services for large tonnage chillers and equipment to an expanded client portfolio in the New York tri-state area.
Increasing number of industries, buildings, and residences will install energy management systems
July 29, 2016
The global energy management systems market is forecast to see a compound annual growth rate (CAGR) of 13.4 percent between 2016 and 2024, growing from a valuation of $9.9 billion in 2014 to $35.9 billion by 2024, according to a report from Transparency Market Research.